The American Bread Company Is a Small Restaurant That Collects,stores,prepares

question 70

Multiple Choice

The American Bread Company is a small restaurant that collects,stores,prepares and provides meals to customers in Miami,Florida.When food is received,it is recorded in a database and a receiving ticket is provided to the vendor.When food is used,the database is updated so that it always reflects the amount and type of food available to customers.In a data flow diagram,which type of symbol would be used to represent the process of updating the company's inventory records in the system?

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Definitions:

Discount Period

The timeframe during which a discount is available or the period between the receipt of a bill and its payment due date when a discount may be taken.

Full Settlement

A financial arrangement where a debtor pays a lump sum that is less than the total amount owed to fully settle the outstanding debt.

Perpetual Inventory System

An inventory accounting system that records purchases and sales of merchandise immediately through the use of computerized point-of-sale systems and enterprise asset management software.

Periodic Inventory System

A periodic inventory system is an accounting method where inventory levels and cost of goods sold are determined at the end of an accounting period, not after each sale or purchase.